EU Aims to Add
To Trade Benefits
For Poor Nations

By

Juliane von Reppert-Bismarck Dow Jones Newswires

Updated July 7, 2004 12:01 a.m. ET

(See Corrections & Amplifications item below.)

BRUSSELS -- The European Union will propose an overhaul of Europe's trade system today, boosting benefits for the world's poorest nations, such as Laos and Bangladesh, and lowering trade discounts awarded to booming countries, such as India and China.